John McAfee (Libertarian Candidate) On Bitcoin And The Economy

[doublemore]

https://www.youtube.com/watch?v=bVeq2rdZyPw

John McAfee talks about bitcoin and how it will remove money control from the fed.  Do you agree with him? can you imagine what the structure of the govs in 20,30,40 years etc look like as a result?

[SFR10]

I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.

[doublemore]

I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.

I find myself saying "it might not be bitcoin" all the time to people because they seem to think you either are religious about bitcoin or just want to pump the price of it.  Its best to just saying crypto currency and then they google it and hit bitcoin anyway.

[TPTB_need_war]

I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.

I actually think he is correct that it might not end up being Bitcoin. And I am expert of what I am talking about at a level that you are likely not. No offense intended.

[maku]

He is partially right. But I don't think that Feds will be be watching quietly as crypto revolution swipe them away.
All I know - there will be fight for your money, and taxes. And to fight bitcoin Government could soon introduce cryptodollar and all other altcoins will be declared illegal to use.

[Denker]

He is partially right. But I don't think that Feds will be be watching quietly as crypto revolution swipe them away.
All I know - there will be fight for your money, and taxes. And to fight bitcoin Government could soon introduce cryptodollar and all other altcoins will be declared illegal to use.

Declaring something illegal doesn't mean people won't use it.
Or is the world free of cocaine use, heroin use to just name 2 examples?Don't think so.
And I doubt that all governments on this planet would agree to one same thing.There will always be a few who will take advantage of a ban or stupid law in other countries.And why? Because there is a shitload of money to make with cryptos like Bitcoin!!